TEN (XHLD) closed an offering of 7.5 million shares of common stock at $1.00 per share, raising gross proceeds of $7.5 million, the company said late Tuesday.
Proceeds will be used for general working capital and corporate purposes, including debt repayment, the company said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments